The future of TikTok in India; The journey of Baxi Fresh

Daily Capsule| 9th July Hello When Ashutosh Johari started Baxi, he was extremely inspired by the bike-taxis that operated in Africa. However, they ran into a legal roadblock. Indian Motor Vehicle rules did not permit the commercial use of bikes as taxis. To do things the right way, the duo took permissions from the Haryana government first, and later the UP government to get yellow number plates on bikes. But then, Baxi Fresh chose to move from a pure-play bike-hailing service to a hyperlocal delivery service. [With this new model, Baxi Fresh is now competing with the likes of MilkBasket, DailyNinja, and BigBasket Express, all of which are well funded. Here's why it happened.]( Cheers, Team YourStory Stories you shouldn't miss [[YS Exclusive] How TikTok democratised content in India]( TikTok is India’s fastest-growing and most-downloaded app. Sachin Sharma, Director - Sales and Partnership, TikTok India explains how its viral popularity even in the country’s remotest parts has compelled all stakeholders, from brands to the local government, to sit up and take notice. [This teen activist is building one of Chennai’s biggest animal shelters]( Sai Vignesh is building one of the biggest shelters in Chennai across two acres of donated land. So far, Vignesh has rescued over 300 animals, including dogs, cats, birds and cows. He has had over 900 dogs vaccinated and sterilised, and found loving homes for over 200 stray puppies and kittens. [How Byas Nambisan is driving Ezetap towards new geographies]( [How Byas Nambisan is driving Ezetap towards new geographies]( [B2B SaaS startup Nitrogen aims to disrupt two multi-billion-dollar markets]( Operating from three locations across the globe, bootstrapped startup Nitrogen’s deep tech is solving for faster and safer web and mobile application performance. The startup is bootstrapped and already boasts of marquee clients across the world, including Barney’s in the US to Croma and Shoppers Stop in India. [Oyo's Ritesh Agarwal aims to restrict SoftBank's stake in the company]( According to sources, Oyo Founder Ritesh Agarwal is believed to be buying back shares from some of his early investors. However, the percentage of the revised equity hasn't been confirmed. Ola co-founder Bhavish Aggarwal was the first in the Indian startup ecosystem to do so, showing signs of maturity from the founders. [This mother-daughter duo wants to attract more children to STEM]( [Airbnb claims it had direct economic impact of $150 million in India in 2018]( Airbnb had an estimated direct economic impact of around $150 million (over Rs 1,035 crore) in India in 2018. Indian Airbnb hosts collectively earned almost $28 million (over Rs 190 crore) and welcomed approximately 800,000 guests in 2018. Guests in India, on an average, spent $61 on a daily basis. Follow us on social media for more frequent updates [Facebook]( [Twitter]( [Instagram]( [Linkedin]( -- [Click Here]( to unsubscribe from this newsletter.